Fibe Parent Social Worth Technologies Files DRHP With SEBI to Raise ₹750 Crore Through IPO: Check Key Issue Details
Social Worth Technologies Limited, the parent company of Fibe (formerly known as EarlySalary), filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on June 29, 2026, for its proposed 100% book-built Initial Public Offering (IPO).
As per the DRHP, the IPO comprises a Fresh Issue of up to ₹750 crore and an Offer for Sale (OFS) of up to 4.007 crore equity shares, each with a face value of ₹5.
Specific details of the price band, lot size, Anchor Investor bidding date, and public subscription opening and closing dates are yet to be announced.
Social Worth Technologies IPO - Issue Details
- Issue Type: Book Building IPO (Fresh Issue + OFS)
- Total Issue Size: To be announced
- Fresh Issue: Up to ₹750 crore
- Offer for Sale (OFS): Up to 40,071,200 equity shares
- Face Value: ₹5 per equity share
- Price Band: To be announced
- Lot Size: To be announced
- Listing: BSE, NSE
- Book Building Lead Managers: Kotak Mahindra Capital Company Limited, Axis Capital Limited, DAM Capital Advisors Limited and JM Financial Limited
- Registrar: MUFG Intime India Private Limited
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Utilisation of IPO Proceeds
The Company proposes to utilise the net proceeds from the Fresh Issue towards the following purposes:
- Investment in the material subsidiary, ESPL, to augment its capital base for meeting its onward lending requirements.
- General Corporate Purposes.
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About Social Worth Technologies Limited
Fibe is a digital consumer financing platform that provides affordable credit solutions across personal loans, education, healthcare, insurance, travel, and other consumption needs. The company leverages AI, machine learning, and data science to streamline customer onboarding, underwriting, risk management, and collections.
Driven by its technology-led model and expanding merchant network, Fibe has delivered strong growth. As of March 31, 2026, it managed assets under management (AUM) of ₹8,602.74 crore and operated a network of over 10,387 merchant touchpoints across India, enabling efficient customer acquisition and wider distribution of its financing products.
Key Financial Highlights
|
Particulars |
FY26 (in ₹ Cr.) |
FY25 (in ₹ Cr.) |
FY24 (in ₹ Cr.) |
|
Revenue from Operations |
1,584.54 |
1,208.94 |
771.86 |
|
Profit After Tax (PAT) |
257.46 |
113.73 |
101.24 |
|
EBITDA |
647.77 |
357.08 |
265.89 |
What Lies Ahead for the Social Worth Technologies IPO
SEBI will now review the DRHP and may seek additional clarifications before issuing its observations. Upon receiving regulatory approval, Social Worth Technologies will file its Red Herring Prospectus (RHP), announce the price band, and open the IPO for public subscription.
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